When a student who has received Federal financial assistance (Pell Grants, FSEOG Grants, Federal Perkins Loans, Federal Direct Stafford Loans, or Federal Direct Parent Loans for Undergraduates) fully withdraws from the University, the unearned portion of the aid must be returned to the program. The unearned portion is calculated up to the first 60% of the enrollment period. The calculations are made on a pro-rata basis, based upon the total enrollment period. The Federal government has set the order in which unearned aid must be returned to the programs. Students should note that the requirement to return the unearned portion of Federal financial assistance might leave them owing a balance due to Cumberland University.